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VanECK Files For A Bitcoin ETF For 2021 With The SEC

Asset manager VanEck who has withdrawn its applications in the past is taking another chance at approval for a Bitcoin Exchange-Traded Fund (ETF). If approved, VanEck would be the first ETF to achieve approval from the U.S. Securities and Exchange Commission (SEC) who has continuously denied several applicants. VanEck has filed for a comparable product… Read More

Crypto Credit Now Supports ADA, ALGO, ATOM, VET, LINK, and WBTC

Get an instant loan at a 50% LTV ratio. Crypto.com is pleased to announce that users can now deposit ADA, ALGO, ATOM, VET, LINK, and WBTC as collateral on Crypto Credit, and instantly secure a loan at a 50% loan-to-value (LTV) ratio. Crypto Credit allows users to monetise their crypto assets without the need to… Read More

Elon Musk Says That Cryptocurrency Could Be Used On Mars

SpaceX CEO Elon Musk has stated that any future economy on Mars could be cryptocurrency-based. Yes — Elon Musk (@elonmusk) December 24, 2020 The tech billionaire, who is one of the co-founders of online payments giant PayPal which originally strived for a system like Bitcoin, has said in the past that he hopes to send… Read More

Israeli Tax Authority Demands Crypto Traders Disclose Hodlings For Taxation

The Israeli Tax Authority (ITA) is now requiring that Israeli citizens disclose their cryptocurrency hodlings for taxation purposes, Globes reported.  According to the report,  Israeli citizens who own digital currencies have recently received notifications from the ITA telling them they must fully disclose their digital assets for tax purposes. The ITA has warned its citizens… Read More

Pro-Cryptocurrency Regulator Elad Roisman Named As SEC Interim Head

Elad Roisman is set to take over as Chairman of the United States Securities and Exchange Commission effective immediately, according to Commissioner Hester Peirce. Peirce tweeted the news on her Twitter this morning congratulating the pro-cryptocurrency regulator Roisman f0r his nomination as interim head. Congratulations, Chairman Roisman! I look forward to your leadership of the… Read More

SkyBridge Capital Buys $25 Million of Bitcoin Launches Fund

Anthony Scaramucci’s hedge fund SkyBridge Capital has bought and invested $25 million worth of Bitcoin. The fund has started trading and shall open to the public early next month. Scaramucci said his interview with Michael Saylor influenced his decision to buy $25 million BTC. CNBC first broke the news announcing that the New York-based hedge… Read More

Kylin Network + PlasmaPay Partnership Announcement

Kylin Network is proud to announce a partnership with PlasmaPay, which is actively building decentralized financial services and infrastructure for the global digital economy. In-kind, Kylin is building the data infrastructural components to power this new global digital economy by providing a context for validate and decentralized data feeds. Above and beyond oracle services with… Read More

Doge CEO Elon Musk Tweets Questions About Tesla Putting Billions Into Bitcoin; Crypto Community Responds

Tesla and SpaceX CEO Elon Musk tweeted a series of tweets about Bitcoin on Sunday, pondering whether or not Bitcoin could handle a billion dollars of transactions if his companies were to convert some of its U.S. dollar reserves into BTC. Bitcoin is my safe word — Elon Musk (@elonmusk) December 20, 2020 Elon Musk… Read More

Pierre Rochard: “Half Of Top 500 Companies Will Own Bitcoin By End Of 2021”

Kraken’s Bitcoin strategist Pierre Rochard said that he believes BTC will see an explosion of corporate interest in 2021 predicting 50% of the top 500 companies will own Bitcoin by the end of next year. In Kraken’s 2021 market outlook webinar this week, the long time Bitcoin enthusiast predicted that 50% of the top 500… Read More

U.S. Treasury Releases Proposed Rules; Hiring Crypto Policy Officers

The  U.S. Treasury has released its proposal to restrict money services businesses pertaining to dealing with self-hosted wallets. In the announcement, published by the U.S. Treasury’s Financial Crimes Enforcement Network, or FinCEN arm, the regulator announced recommended rules demanding enrolled crypto exchanges to verify the “identity of their customers, if a counterparty uses an unhosted… Read More

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